NOT LISTED FOR SALE

432 S Coconut Palm Blvd Tavernier, FL 33070

Estimated Value: $3,329,728 - $4,653,000

3 Beds
3.5 Baths
2,903 Sq Ft
$1,386/Sq Ft Est. Value

Last Sold February 18, 2016

Last sale price $1,790,000 $617 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $22,739/month

29 Days on Market

Highlights

  • Boat Ramp
  • Boat Lift
  • Boat Slip
  • Plantation Key School Rated A-
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Old Settler's Park

About This Home

As of February 2016

Beautiful Bay Front home. Quiet location at end of the street. Sunset views and great Bay and Ocean access.Property has concrete seawall , cut in boat slip, 50 ' pier dock, and boat lift. Deep water dockage for multiple vessels. Totally updated providing for 2 master suites in nearly 3000 sq. ft. Gourmet kitchen with granite counter tops and solid wood cabinets.

Last Agent to Sell the Property

Billy Hart

Ocean Sotheby's International Realty License #412724 Listed on: 12/04/2015

Ocean Sotheby's International Realty

Last Buyer's Agent

Leslie Leopold

Ocean Sotheby's International Realty License #3071091

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,358

Year Built

  • Built in 1971

Lot Details

  • 9,450 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Fenced
  • Property is zoned R1M - Residential SF Masonry

HOA Fees

  • $5 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 2,903 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Pool

  • In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Balcony
  • Deck
  • Shed

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00429900-000000

Community Details

Overview

  • Association fees include common area mnt
  • Plant Key Colony Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,358

Year Built

Built in 1971

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Fee: 60.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 90.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5357.96
  • Year Built: 1971
  • Alternate Key Number: 1527866
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 9450.00
  • Pool Info: Fiberglass, In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion, Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2903.00
  • Pre Wired: Cable, Surround Sound
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Split Bedroom, Walk-in Closet(s), Pantry, Granite Counter Top
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Microwave, Refrigerator, Range, Oven, Dryer
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift, Boat Slip
  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Shed
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Water Separate Meter, Propane, Municipal Sewer, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: VE,VE
  • Parcel Number: 00429900-000000
  • Lot Size: 70 X 130
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Feb 18, 2016
Sold by
Hart William N and Hart Cathie R
Bought by
Riggs Tommy L and Riggs Mary E
Seller's Agent
Billy Hart
Ocean Sotheby's International Realty
Buyer's Agent
Leslie Leopold
Ocean Sotheby's International Realty
List Price
$1,890,000
Sold Price
$1,790,000
Premium/Discount to List
-$100,000
-5.29%
Current Estimated Value
$4,024,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,234,932
Avg. Annual Appreciation
8.71%
Original Mortgage
$1,000,000
Outstanding Balance
$760,996
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,263,936

Purchase Details

Closed on
Sep 1, 1988
Bought by
Riggs Tommy L and Riggs Mary E

Purchase Details

Closed on
May 1, 1984
Bought by
Riggs Tommy L and Riggs Mary E

Purchase Details

Closed on
Feb 1, 1974
Bought by
Riggs Tommy L and Riggs Mary E
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Riggs Tommy L $1,790,000 Attorney
Riggs Tommy L $250,000 --
Riggs Tommy L $275,000 --
Riggs Tommy L $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riggs Tommy L $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2016 02/18/16 Sold $1,790,000 -5.3% $617 / Sq Ft
01/02/2016 01/02/16 Pending -- -- --
12/04/2015 12/04/15 For Sale $1,890,000 -- $651 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,989 $2,201,117 -- --
2023 $19,989 $2,137,007 $0 $0
2022 $19,611 $2,074,765 $0 $0
2021 $19,916 $2,014,335 $1,447,504 $566,831
2020 $18,492 $1,936,907 $1,447,504 $489,403
2019 $16,651 $1,593,666 $1,112,265 $481,401
2018 $16,028 $1,538,814 $1,057,691 $481,123
2017 $15,437 $1,511,446 $0 $0
2016 $5,481 $490,617 $0 $0
2015 $5,358 $487,207 $0 $0
2014 $5,348 $483,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 569129

Florida Keys Board of REALTORS®

APN: 00429900-000000